Controversy

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Controversy

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Memecoins like TRUMP and MELANIA are likely to amplify public perceptions of crypto as a speculative, high-risk, and untrustworthy market, hindering efforts to establish credibility

Donald Trump TRUMP memecoin and Melania’s MELANIA memecoin launches have intensified concerns about the crypto industry’s legitimacy

CIC Digital, the issuer of TRUMP, controls over 80% of the token supply, sparking allegations of market manipulation and centralization in what should be a decentralized ecosystem

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Referenced by

Memecoins meet politics: Donald Trump family launches billion-dollar tokens

Crypto news